Reporting business risks: meeting expectations

The financial crisis has focused attention on risk and led to calls for better risk reporting. The report looks at why, in spite of the high hopes held for it, risk reporting has often proved to be disappointing in practice. It also looks at risk reporting by banks ahead of the financial crisis.

The report argues that risk reporting can be improved and puts forward seven principles for better risk reporting. These practical ideas for improvement are purely voluntary and are aimed at public companies.

A short briefing paper based on the report, Risk Reporting: Principles for Better Practice, is also available.